OMG1 - now that is sound thinking. I am waiting now until the point where the common man says "the stock market is crap, it will never come back, it's in the toilet forever, etc..." Then I'll really buy.
Investors....come in please!
- Thread starter Last_Z
- Start date
- Status
I have my shopping list handy, but I am skeptical about the coming months, years. Oil, terrorism, real estate and interest rates are all going to make up a complicated mess. Add to it 2007 election year.
Oil short term bearish. Nice rise on the gas futures I called a few months back at 1.62. Profit taking.
Oil short term bearish. Nice rise on the gas futures I called a few months back at 1.62. Profit taking.
The next year or so is going to be dicy. Jack be nimble.
My Opus prediction,
Lower energy costs will kick world economy in the a$$ which will cause a rise in inflation which will lead to higher interest rates.
Way to go! Nice to know someone is making money.
Yard salers are out in force this morning.
Another down day, with selling coming in during the late afternoon. Very high volatility. I see more downside from here. There's lots of negativity, but no despair yet. I want to see absolute despair and hopelessness before I buy again.....
Opps, my misunderstanding. My stuff took a hit this week, partial recovery today.
I'm going way out on a limb here, but tomorrow is almost certain to be an up day. The market's so oversold, a rebound is eminent.
SPYders will do good tomorrow.
Or so the charts say.....
SPYders will do good tomorrow.
Or so the charts say.....
'Ranger, what if there isn't a rebound?
Groucho, a lot of this selloff is due to short sellers, which will eventually have to buy back to cover. I'm seeing turnups on some of my indicators, and that usually precludes a rally. If it looks like the market has stabilized, some of the short sellers will come in and buy back.
Any rally from here will probably fail, however....
Not enough gloom and doom yet.....
Crude oil
will that be sustained
Hey don't worry, housing taking a "soft" fall, which means all those that are looking at speculating in real estate will now look towards the market. Though this might take a year or 2 but it could be good things for the market.
I've been down on housing for a while now, but just recently CNBC is talking about it. Oh well, to be ahead of the curve.
I've been down on housing for a while now, but just recently CNBC is talking about it. Oh well, to be ahead of the curve.
My energy and transportation is down some, my reit is still up and holding.
I need a toboggan to ride the slide.
My base is established. We lost a lot of men, but the real weenies are hangin' in. My funds took the huge brunt of this assault. The good news is I sold a LOT when the markets were so peaky earlier. The bad news is that my trigger finger got itchy twice, once when I thought I was missing another rally(I was so I did OK) and thinking this pig wouldn't dig deeper (thank G0D I only started to wade in)
I have plenty of ammo left.
So with my solid base established, I'm thinking we aren't going to hit abject, raving, complete and savage despair. So, cover me, I'm slowly going in.
What should I buy?
I have plenty of ammo left.
So with my solid base established, I'm thinking we aren't going to hit abject, raving, complete and savage despair. So, cover me, I'm slowly going in.
What should I buy?
What do you think of BJS? It's near it's 3 month low.
I'm still in IMH, got in at the bottom of its dip, so I'm up nicely. I'm wondering how REIT's are affected by a softening housing market?
I'm still in IMH, got in at the bottom of its dip, so I'm up nicely. I'm wondering how REIT's are affected by a softening housing market?
Pablo's really shaped up!
More Canadian banks for me this week, before their earnings come out.
Let's see: A blowout quarter for retail sales (of which, the banks take a substantial cut) + widening spreads (in favour of the banks) + a continued housing boom + record trading volumes on the TSX == new heights for bank earnings?
Plus interest rates are on the decline which should keep the banks happy here.
Let's see: A blowout quarter for retail sales (of which, the banks take a substantial cut) + widening spreads (in favour of the banks) + a continued housing boom + record trading volumes on the TSX == new heights for bank earnings?
Plus interest rates are on the decline which should keep the banks happy here.
Our friends up North are looking at good times. I hope it continues
- Status
Similar threads
